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Usana reports Q1 EPS 95c vs $1.15 last year
The Fly

Usana reports Q1 EPS 95c vs $1.15 last year

Reports Q1 revenue $248.36M vs $272.867M last year. "USANA’s solid first quarter performance was driven by several initiatives that helped stabilize active customer counts and contribute to sequential quarter net sales growth," said Kevin Guest, Chief Executive Officer and Chairman of the Board. "Our results during the first few weeks of the quarter benefitted from increased demand for several of our health products in China following the government’s shift in COVID policy. In addition, our announcement of product price increases in several markets stimulated product purchasing ahead of those increases. Because of the solid start to the year, we have raised the lower end of our net sales and earnings per share guidance."

Published first on TheFly

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